U.S. natural gas production continued to increase in August, setting a new daily production record of 92.8 billion cubic feet per day (Bcf/d) on August 19, 2019,

The parties paid particular attention to the continuing expansion of gas transmission infrastructure in Serbia, highlighting the ongoing construction of the linear part of the gas pipeline stretching from the country's border with Bulgaria to its border with Hungary.

Russia exported 248 billion cubic meters (bcm) in 2018, mostly via pipeline to Europe. In the next decade, its liquefied natural gas (LNG) exports will almost triple to 68 bcm as the Yamal LNG project reaches full capacity and Arctic 2 LNG comes online (plus two smaller projects).

Let’s see which companies are still undervalued and which ones are out of my radar. Some of them reached their fair value and some other stopped to satisfy my parameters.

U.S. Rig Count is down 12 rigs from last week to 886, with oil rigs down 5 to 733, gas rigs down 7 to 153, and miscellaneous rigs unchanged at 0. Canada Rig Count is down 13 rigs from last week to 134, with oil rigs down 9 to 93 and gas rigs down 4 to 41.

Dutch Groningen gas production in August was down 6% on the year but up 6% from to 1.26 Bcm, according to data from operator NAM.

The chief executive of the Abu Dhabi National Oil Company (ADNOC) said that the long-term outlook for global energy demand was “robust” and that investment of $11 trillion in oil and gas was needed to keep up with projected demand.

Over January-August, China imported a total of 63.04 million mt, or 86.93 Bcm of natural gas, up 10.3% from 57.15 million mt, or 78.81 Bcm, during the same period last year, according to the customs data.

U.S. Rig Count is down 6 rigs from last week to 898, with oil rigs down 4 to 738, gas rigs down 2 to 160, and miscellaneous rigs unchanged at 0. Canada Rig Count is down 3 rigs from last week to 147, with oil rigs down 3 to 102 and gas rigs unchanged at 45.

GAZPROM, KOGAS expressed interest in further expanding their cooperation in the area of LNG and continuing their sci-tech collaboration.